Oil & Gas News
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Latest news of the Egyptian oil industry
Egypt sees major oil sector growth with new discoveries by Cheiron and investments by Shell and Dragon Oil. Exploration deals valued at $319 M signed.
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Egypt: a leading natural gas producer in the Eastern Mediterranean
Egypt has emerged as Africa's second-largest gas producer with proven reserves of 75.5 trillion cubic feet (tcf) of natural gas.
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Egypt to dig 35 new natural gas wells, investing $1.8 billion
Over the past five years Egypt has successfully dug 576 new exploratory natural gas wells and made 289 gas and petroleum discoveries.
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Egypt takes new steps towards being an energy hub
Currently, Egypt already produces an amount of natural gas ranging from 6.5 to 7 billion cubic feet per day.
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Egypt Achieves Stability in LNG Exports
Importers of Egyptian LNG include European and Asian markets, as Egypt develops its eastern Mediterranean fields.
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Egypt efforts to reduce emissions started showing results
Egypt's efforts to reduce emissions and increase energy efficiency can have a big positive impact on the environment and economy.
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The future of Egypt is: Decarbonized
In this report from Egypt Oil and Gas in cooperation with the Ministry of Petroleum and Mineral resources we see the efforts towards decarbonization.
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Top 10 Egyptian petroleum companies
Both state-owned and private companies are active in oil and gas exploration and production in Egypt.
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Eni makes a new gas discovery in Egypt
This discovery proves it right for betting on Egypt’s offshore area, it was also recently awarded other blocks like North Rafah & North-East Al-Arish.
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Qatar supplies gas to China for 27 years
QatarEnergy signed a 27-year sales and purchase agreement with China’s Sinopec, the longest in the history of liquefied natural gas (LNG) deals.
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5 days left for Egypt Oil and Gas Convention
The event is the 8th of its kind, but this year, it is especially important, as it comes after the crucial discussions that happened in COP27.
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SLB collaborates with Oman’s Ministry of Energy and Minerals
Industry-leading geothermal expertise enabled evaluation of countrywide geothermal potential to explore decarbonization pathways.
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Infinity Power, Masdar, Hassan Allam sign framework agreement for green hydrogen project
The project includes development of a 2 gigawatt (GW) green program the Suez Canal Economic Zone (SCZONE).
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Wintershall Dea Egypt’s external revenues reach €103M in Q3 2022
External revenues in its Egypt profile to record €103 million in Q3 2022, compared to €99 million recorded in Q3 2021.
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Egypt petroleum sector signs 7 MOUs in COP27
The deals aim at mitigating carbon emissions and boosting greener practices in the sector.
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Honeywell looks forward to expanding its investments in Egypt
The investments can be in emissions reduction, digitalization, hydrogen production, and improving energy consumption efficiency.
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Egypt Energy Sector Market Report 2022
According to the International Renewable Energy Agency (IRENA), renewable energy can help Egypt meet its energy needs and power sustainable growth.
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Will Egypt supply gas to Europe?
The European Union is working on decreasing its reliance for gas imports on Russia, and Egypt can be the solution.
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More and more oil and gas deals for Egypt
Around 70 agreements for oil and gas exploration were signed in the last 4 years as Egypt aims to become a regional energy hub.
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The 10th edition of Mediterranean Offshore Conference is coming
The official event of the Egyptian Petroleum Sector, will take place in Alexandria, EGYPT from 14 to 16 October 2019.